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Sources Of Financing
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Sources Of Financing The Chicago Capital Management Group (312-932-0776) offers five, 10, 20, 25 and 30-year non-recourse fixed-rate mortgages. The company also is offering the following loans: Non-recourse, floating and fixed-rate debt in excess of $25 million and including loans over $100 million; Non-recourse bridge and mezzanine financing, which targets transitional assets; low income and historic tax credit investments; Fannie Mae programs, which are assumable non-recourse loans that are suited for acquiring or refinancing existing apartment properties and co-ops, including recently completed developments; and construction loans, which will be offered recourse and non-recourse.
Real Estate Equities and Financing, Inc. (619-544-9077) offers loans for commercial and industrial properties. The company offers loans up to $15 million, LTV of 75%, fixed-rate terms of three, five, seven and 10 years and amortization of 30 years. The company also offers rates as low as 5.5%
Suburban Capital Markets, Inc. (301-340-2266) arranged a $10.5 million first mortgage loan for the refinancing of Seeger Square Shopping Center in St. Paul, MN.
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